Senior Housing Finance Activity: Berkadia, RED Capital

RED Capital Group Closes $11.1 Million Refinance for MBK Senior Living RED Mortgage Capital, the proprietary mortgage banking arm of RED Capital Group, LLC, has closed an $11.1 million refinance loan for Chancellor Gardens of Clearfield, an MBK Senior Living-owned and operated community located in Clearfield, Utah. “MBK was seeking a customized product for this […]

Movers & Shakers: Capital One’s Senior VP

Capital One Appoints New Senior Vice President to Seniors Housing and Healthcare Agency Lending Group Capital One announced on Sept. 17 the appointment of Allison Holland as the company’s senior vice president to its Seniors Housing and Healthcare Agency Lending Group. In her new role, Holland will serve as originations manager for Fannie Mae and Freddie […]

New Senior Rapidly Secures $670 Million Freddie Mac Financing

A deal to secure $670 million in Freddie Mac financing for New Senior Investment Group Inc. (NYSE: SNR), announced earlier this week, was the largest in company history for Walker & Dunlop, the commercial real estate finance company that facilitated the financing. The company said Tuesday it was the largest financing in the company’s 77-year history, […]

Most Popular Senior Housing News of the Week: Top 5 Design Must-Haves

In case you missed it, here are the top five stories grabbing Senior Housing News readers’ attention this week: Freddie Mac Unveils New Senior Housing Product, Greystone First to Market—Freddie Mac released a revolving credit product specific for senior housing borrowers. Greystone was the first to secure the credit facility for a developer client, in […]

Freddie Mac Expands Senior Housing Offering With K Certificates

Freddie Mac (OTCQB: FMCC) is expanding its senior housing products by offering the first Structured Pass Through Certificates (K certificates). Backed exclusively by mortgages on multifamily senior housing properties, the company said it expects to offer approximately $369 million in K Certificates. The certificates are backed by 27 multifamily mortgages and are guaranteed by Freddie Mac. They include […]